Prosperity Bancshares, Inc. (N:PB)
Business Focus: Commercial Banks
Apr 17, 2024 04:30 pm ET
PROSPERITY BANCSHARES, INC.® ANNOUNCES COMMON STOCK DIVIDEND
HOUSTON, April 17, 2024 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.56 per share for the second quarter of 2024, payable July 1, 2024, to shareholders of record as of June 14, 2024.
Apr 01, 2024 04:30 pm ET
PROSPERITY BANCSHARES, INC.® COMPLETES MERGER WITH LONE STAR STATE BANCSHARES, INC.
HOUSTON, April 1, 2024 /PRNewswire/ -- Prosperity Bancshares, Inc.® ("Prosperity") (NYSE: PB), the parent company of Prosperity Bank®, today announced the completion of the merger of Lone Star State Bancshares, Inc. ("LS Bancshares") with and into Prosperity and the merger of LS Bancshares' wholly owned subsidiary, Lone Star State Bank of West Texas ("Lone Star"), headquartered in Lubbock, Texas, with and into Prosperity Bank, all effective on April 1, 2024.
Mar 27, 2024 04:30 pm ET
PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS FIRST QUARTER 2024 EARNINGS CONFERENCE CALL
HOUSTON, March 27, 2024 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) First Quarter 2024 Earnings Announcement, scheduled before the market opens on Wednesday, April 24, 2024, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.
Jan 24, 2024 05:30 am ET
PROSPERITY BANCSHARES, INC.® REPORTS FOURTH QUARTER 2023 EARNINGS
Net income of $95.5 million and diluted earnings per share of $1.02 for fourth quarter 2023; excluding the FDIC special assessment of $19.9 million and merger related expenses, net income was $111.4 million(1) and diluted earnings per share was $1.19(1)Loans, excluding Warehouse Purchase Program loans, increased $2.259 billion or 12.5% during 2023Loans, excluding Warehouse Purchase Program loans and loans acquired in the merger of First Bancshares of Texas, Inc, increased $882.7 million or 4.9% during 2023Noninterest-bearing deposits of $9.8 billion, representing 36.0% of total depositsBorro
Jan 17, 2024 04:00 pm ET
PROSPERITY BANCSHARES, INC.® ANNOUNCES COMMON STOCK DIVIDEND
HOUSTON, Jan. 17, 2024 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.56 per share for the first quarter of 2024, payable April 1, 2024, to shareholders of record as of March 15, 2024.
Jan 16, 2024 04:30 pm ET
PROSPERITY BANCSHARES, INC.® ANNOUNCES STOCK REPURCHASE PROGRAM
HOUSTON, Jan. 16, 2024 /PRNewswire/ -- Prosperity Bancshares, Inc.® (the "Company") (NYSE: PB), the parent company of Prosperity Bank®, today announced that its Board of Directors authorized a stock repurchase program under which the Company may repurchase up to 5%, or approximately 4.7 million shares, of its outstanding common stock over a one-year period expiring on January 16, 2025, at the discretion of management.
Dec 27, 2023 04:30 pm ET
PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS FOURTH QUARTER 2023 EARNINGS CONFERENCE CALL
HOUSTON, Dec. 27, 2023 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Fourth Quarter 2023 Earnings Announcement, scheduled before the market opens on Wednesday, January 24, 2024, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.
Oct 25, 2023 06:30 am ET
PROSPERITY BANCSHARES, INC.® REPORTS THIRD QUARTER 2023 EARNINGS
Board approved increase in dividend of 1.82% to $0.56 for the fourth quarter 2023, representing the 20th annual increase with a compounded annual growth rate of 11.5%Net income of $112.2 million and diluted earnings per share of $1.20 for third quarter 2023Deposits, excluding public funds deposits, increased $259.9 million during third quarter 2023, with no brokered deposits purchasedNoninterest-bearing deposits of $10.3 billion, representing 37.6% of total depositsLoans, excluding Warehouse Purchase Program loans and loans acquired in the Merger, increased $111.1 million during third quarte
Oct 18, 2023 05:00 pm ET
PROSPERITY BANCSHARES, INC.® INCREASES COMMON STOCK DIVIDEND
HOUSTON, Oct. 18, 2023 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.56 per share for the fourth quarter of 2023, payable January 2, 2024, to shareholders of record as of December 15, 2023. The fourth quarter dividend represents an increase of $0.01 per share, or 1.82%, from the prior quarter.
Sep 27, 2023 04:30 pm ET
PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS THIRD QUARTER 2023 EARNINGS CONFERENCE CALL
HOUSTON, Sept. 27, 2023 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Third Quarter 2023 Earnings Announcement, scheduled before the market opens on Wednesday, October 25, 2023, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.
Jul 26, 2023 06:30 am ET
PROSPERITY BANCSHARES, INC.® REPORTS SECOND QUARTER 2023 EARNINGS
Net income of $86.9 million and diluted earnings per share of $0.94 for second quarter 2023; excluding merger related provision and expenses of $31.4 million, diluted earnings per share of $1.21(1)Loans, excluding Warehouse Purchase Program loans, increased $1.970 billion or 10.6% during second quarter 2023Deposits increased $376.7 million or 1.4% during the second quarter 2023Allowance for credit losses on loans to total loans, excluding Warehouse Purchase Program loans, of 1.68%(1)Nonperforming assets remain low at 0.18% of second quarter average interest-earning assetsRepurchased 595 thou
Jul 19, 2023 08:00 am ET
PROSPERITY BANCSHARES, INC.® ANNOUNCES COMMON STOCK DIVIDEND
HOUSTON, July 19, 2023 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.55 per share for the third quarter of 2023, payable October 2, 2023, to shareholders of record as of September 15, 2023.
Jun 28, 2023 01:35 pm ET
PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS SECOND QUARTER 2023 EARNINGS CONFERENCE CALL
HOUSTON, June 28, 2023 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Second Quarter 2023 Earnings Announcement, scheduled before the market opens on Wednesday, July 26, 2023, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.
May 01, 2023 09:00 am ET
PROSPERITY BANCSHARES, INC.® COMPLETES MERGER WITH FIRST BANCSHARES OF TEXAS, INC.
HOUSTON, May 1, 2023 /PRNewswire/ -- Prosperity Bancshares, Inc.® ("Prosperity") (NYSE: PB), the parent company of Prosperity Bank®, today announced the completion of the merger of First Bancshares of Texas, Inc. ("First Bancshares") with and into Prosperity and the merger of First Bancshares' wholly owned subsidiary, FirstCapital Bank of Texas, N.A. ("FirstCapital"), headquartered in Midland, Texas, with and into Prosperity Bank, all effective on May 1, 2023.
Apr 26, 2023 06:30 am ET
PROSPERITY BANCSHARES, INC.® REPORTS FIRST QUARTER 2023 EARNINGS
First quarter net income of $124.7 million and earnings per share (diluted) of $1.37Loans, excluding Warehouse Purchase Program loans, increased $436.0 million or 2.4% (9.6% annualized) during first quarter 2023Allowance for credit losses on loans to total loans, excluding Warehouse Purchase Program loans, of 1.52%(1)Nonperforming assets remain low at 0.07% of first quarter average interest-earning assetsReturn (annualized) on first quarter average assets of 1.31%, average common equity of 7.38%, average tangible common equity of 14.34%(1), and efficiency ratio of 43.68%Repurchased 611,263 s
Apr 19, 2023 06:15 pm ET
PROSPERITY BANCSHARES, INC.® ANNOUNCES COMMON STOCK DIVIDEND
HOUSTON, April 19, 2023 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.55 per share for the second quarter of 2023, payable July 3, 2023, to shareholders of record as of June 15, 2023.
Apr 17, 2023 07:00 am ET
PROSPERITY BANCSHARES RECEIVES REGULATORY APPROVALS FOR FIRST BANCSHARES OF TEXAS, INC. ACQUISITION
HOUSTON, April 17, 2023 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank®, today announced that it has received all regulatory approvals necessary to complete its previously announced acquisition of First Bancshares of Texas, Inc. ("First Bancshares"), the parent company of FirstCapital Bank of Texas, N.A. ("FirstCapital").
Mar 29, 2023 04:30 pm ET
PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS FIRST QUARTER 2023 EARNINGS CONFERENCE CALL
HOUSTON, March 29, 2023 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) First Quarter 2023 Earnings Announcement, scheduled before the market opens on Wednesday, April 26, 2023, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.
Jan 25, 2023 05:30 am ET
PROSPERITY BANCSHARES, INC.® REPORTS FOURTH QUARTER 2022 EARNINGS
Fourth quarter net income of $137.9 million and earnings per share (diluted) of $1.51Fourth quarter net income increased 8.7% compared to fourth quarter 2021Loans, excluding Warehouse Purchase Program and SBA Paycheck Protection Program loans, increased $518.5 million or 3.0% (11.8% annualized) during fourth quarter 2022Loans, excluding Warehouse Purchase Program and SBA Paycheck Protection Program loans, increased $1.422 billion or 8.5% during 2022Allowance for credit losses on loans to total loans, excluding Warehouse Purchase Program and SBA Paycheck Protection Program loans, of 1.56%(1)N
Jan 18, 2023 04:00 pm ET
PROSPERITY BANCSHARES, INC.® ANNOUNCES COMMON STOCK DIVIDEND
HOUSTON, Jan. 18, 2023 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.55 per share for the first quarter of 2023, payable April 3, 2023, to shareholders of record as of March 15, 2023.
Jan 17, 2023 05:30 pm ET
PROSPERITY BANCSHARES, INC.® ANNOUNCES STOCK REPURCHASE PROGRAM
HOUSTON, Jan. 17, 2023 /PRNewswire/ -- Prosperity Bancshares, Inc.® (the "Company") (NYSE: PB), the parent company of Prosperity Bank®, today announced that its Board of Directors authorized a stock repurchase program under which the Company may repurchase up to 5%, or approximately 4.6 million shares, of its outstanding common stock over a one-year period expiring on January 17, 2024, at the discretion of management.
Dec 20, 2022 03:30 pm ET
PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS FOURTH QUARTER 2022 EARNINGS CONFERENCE CALL
HOUSTON, Dec. 20, 2022 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Fourth Quarter 2022 Earnings Announcement, scheduled before the market opens on Wednesday, January 25, 2023, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.
Oct 26, 2022 06:30 am ET
PROSPERITY BANCSHARES, INC.® REPORTS THIRD QUARTER 2022 EARNINGS
Third quarter net income of $135.8 million and earnings per share (diluted) of $1.49Third quarter net income increased $7.3 million or 5.7% compared to the second quarter 2022Loans, excluding Warehouse Purchase Program and SBA Paycheck Protection Program loans, increased $530.8 million or 3.1% (12.5% annualized) during the third quarter Allowance for credit losses on loans to total loans, excluding Warehouse Purchase Program and SBA Paycheck Protection Program loans, of 1.61%(1)Nonperforming assets remain low at 0.06% of third quarter average interest-earning assetsReturn (annualized) on thi
Oct 19, 2022 06:30 am ET
PROSPERITY BANCSHARES, INC.® INCREASES COMMON STOCK DIVIDEND
HOUSTON, Oct. 19, 2022 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.55 per share for the fourth quarter of 2022, payable January 3, 2023, to shareholders of record as of December 15, 2022. The fourth quarter dividend represents an increase of $0.03 per share, or 5.77%, from the prior quarter.
Oct 11, 2022 09:00 am ET
PROSPERITY BANCSHARES, INC.® TO ACQUIRE FIRST BANCSHARES OF TEXAS, INC. IN MIDLAND, TEXAS
HOUSTON and MIDLAND, Texas, Oct. 11, 2022 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) ("Prosperity"), the parent company of Prosperity Bank®, and First Bancshares of Texas, Inc. ("First Bancshares"), the parent holding company of FirstCapital Bank of Texas, N.A. ("FirstCapital Bank"), headquartered in Midland, Texas, today jointly announced the signing of a definitive merger agreement pursuant to which Prosperity will acquire First Bancshares and FirstCapital Bank.
Oct 11, 2022 09:00 am ET
PROSPERITY BANCSHARES, INC.® TO ACQUIRE LONE STAR STATE BANCSHARES, INC. IN LUBBOCK, TEXAS
HOUSTON and LUBBOCK, Texas , Oct. 11, 2022 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) ("Prosperity"), the parent company of Prosperity Bank®, and Lone Star State Bancshares, Inc. ("Lone Star"), the parent company of Lone Star State Bank of West Texas ("Lone Star Bank"), headquartered in Lubbock, Texas, today jointly announced the signing of a definitive merger agreement pursuant to which Prosperity will acquire Lone Star and Lone Star Bank.
Oct 06, 2022 05:30 am ET
PROSPERITY BANCSHARES, INC.® ANNOUNCES DIRECTOR CHANGES
HOUSTON, Oct. 6, 2022 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) ("Prosperity"), the parent company of Prosperity Bank® (the "Bank"), has announced several changes to its Board of Directors.
Sep 29, 2022 05:33 pm ET
PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS THIRD QUARTER 2022 EARNINGS CONFERENCE CALL
HOUSTON, Sept. 29, 2022 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Third Quarter 2022 Earnings Announcement, scheduled before the market opens on Wednesday, October 26, 2022, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.
Jul 27, 2022 06:30 am ET
PROSPERITY BANCSHARES, INC.® REPORTS SECOND QUARTER 2022 EARNINGS
Second quarter net income of $128.5 million and earnings per share (diluted) of $1.40Second quarter net income increased $6.2 million or 5.0% compared to the first quarter 2022Loans, excluding Warehouse Purchase Program and SBA Paycheck Protection Program loans, increased $406.9 million or 2.4% (9.8% annualized) during the second quarter 2022Allowance for credit losses on loans and on off-balance sheet credit exposure of $313.9 millionAllowance for credit losses on loans to total loans, excluding Warehouse Purchase Program and SBA Paycheck Protection Program loans, of 1.67%(1)Nonperforming a
Jul 21, 2022 01:00 pm ET
PROSPERITY BANCSHARES, INC.® ANNOUNCES COMMON STOCK DIVIDEND
HOUSTON, July 21, 2022 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.52 per share for the second quarter of 2022, payable October 3, 2022, to shareholders of record as of September 15, 2022.
Jun 29, 2022 04:00 pm ET
PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS SECOND QUARTER 2022 EARNINGS CONFERENCE CALL
HOUSTON, June 29, 2022 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Second Quarter 2022 Earnings Announcement, scheduled before the market opens on Wednesday, July 27, 2022, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.
Apr 27, 2022 06:30 am ET
PROSPERITY BANCSHARES, INC.® REPORTS FIRST QUARTER 2022 EARNINGS
- First quarter net income of $122.3 million and earnings per share (diluted) of $1.33
Apr 20, 2022 04:30 pm ET
PROSPERITY BANCSHARES, INC.® ANNOUNCES COMMON STOCK DIVIDEND
HOUSTON, April 20, 2022 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.52 per share for the second quarter of 2022, payable July 1, 2022, to shareholders of record as of June 15, 2022.
Mar 30, 2022 05:50 pm ET
PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS FIRST QUARTER 2022 EARNINGS CONFERENCE CALL
HOUSTON, March 30, 2022 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) First Quarter 2022 Earnings Announcement, scheduled before the market opens on Wednesday, April 27, 2022, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.
Jan 26, 2022 05:30 am ET
PROSPERITY BANCSHARES, INC.® REPORTS FOURTH QUARTER 2021 EARNINGS
HOUSTON, Jan. 26, 2022 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income of $126.8 million for the quarter ended December 31, 2021 compared with $137.1 million for the same period in 2020. Net income per diluted common share was $1.38 for the quarter ended December 31, 2021, compared with $1.48 for the same period in 2020, and the annualized return on fourth quarter average assets was 1.37%. Additionally, loans, excluding Warehouse Purchase Program and SBA Paycheck Protection Program ("PPP") loa
Jan 19, 2022 03:45 pm ET
PROSPERITY BANCSHARES, INC.® ANNOUNCES COMMON STOCK DIVIDEND
HOUSTON, Jan. 19, 2022 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.52 per share for the first quarter of 2022, payable April 1, 2022, to shareholders of record as of March 15, 2022.
Jan 18, 2022 03:45 pm ET
PROSPERITY BANCSHARES, INC.® ANNOUNCES STOCK REPURCHASE PROGRAM
HOUSTON, Jan. 18, 2022 /PRNewswire/ -- Prosperity Bancshares, Inc.® (the "Company") (NYSE: PB), the parent company of Prosperity Bank®, today announced that its Board of Directors authorized a stock repurchase program under which the Company may repurchase up to 5%, or approximately 4.6 million shares, of its outstanding common stock over a one-year period expiring on January 18, 2023, at the discretion of management.
Oct 27, 2021 06:30 am ET
Prosperity Bancshares, Inc.® Reports Third Quarter 2021 Earnings
HOUSTON, Oct. 27, 2021 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income of $128.6 million for the quarter ended September 30, 2021 compared with $130.1 million for the same period in 2020. Net income per diluted common share was $1.39 for the quarter ended September 30, 2021, compared with $1.40 for the same period in 2020, and the annualized return on third quarter average assets was 1.42%. Additionally, loans, excluding Warehouse Purchase Program and SBA Paycheck Protection Program ("PPP") loa
Oct 20, 2021 09:01 am ET
Prosperity Bancshares, Inc.® Increases Common Stock Dividend
HOUSTON, Oct. 20, 2021 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.52 per share for the fourth quarter of 2021, payable January 3, 2022, to shareholders of record as of December 15, 2021. The fourth quarter dividend represents an increase of $0.03 per share, or 6.1%, from the prior quarter.
Sep 29, 2021 08:00 am ET
Prosperity Bancshares, Inc.® Invites You To Join Its Third Quarter 2021 Earnings Conference Call
HOUSTON, Sept. 29, 2021 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Third Quarter 2021 Earnings Announcement, scheduled before the market opens on Wednesday, October 27, 2021, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.
Jul 28, 2021 06:30 am ET
Prosperity Bancshares, Inc.® Reports Second Quarter 2021 Earnings
HOUSTON, July 28, 2021 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income of $130.6 million for the quarter ended June 30, 2021 compared with $130.9 million for the same period in 2020. Net income per diluted common share was $1.41 for the quarter ended June 30, 2021, unchanged from the same period in 2020, and the annualized return on second quarter average assets was 1.45%. The second quarter of 2020 includes a tax benefit for net operating losses ("NOL") of $20.1 million, or $0.22(1) per dilute
Jun 22, 2021 04:44 pm ET
Prosperity Bancshares, Inc.® Invites You To Join Its Second Quarter 2021 Earnings Conference Call
HOUSTON, June 22, 2021 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Second Quarter 2021 Earnings Announcement, scheduled before the market opens on Wednesday, July 28, 2021, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.
Jan 27, 2021 05:30 am ET
Prosperity Bancshares, Inc.® Reports Fourth Quarter 2020 Earnings
HOUSTON, Jan. 27, 2021 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended December 31, 2020 of $137.1 million compared with $86.1 million for the same period in 2019. Net income per diluted common share was $1.48 compared with $1.01 for the same period in 2019, which is net of merger related expenses of $0.43(1) per diluted common share. Excluding merger related expenses, the earnings per diluted common share was $1.44(1) for the fourth quarter 2019. Additionally, deposits in
Jan 26, 2021 04:30 pm ET
Prosperity Bancshares, Inc.® Announces Stock Repurchase Program
HOUSTON, Jan. 26, 2021 /PRNewswire/ -- Prosperity Bancshares, Inc.® (the "Company") (NYSE: PB), the parent company of Prosperity Bank®, today announced that its Board of Directors authorized a stock repurchase program under which the Company may repurchase up to 5%, or approximately 4.65 million shares, of its outstanding common stock over a one-year period expiring on January 26, 2022, at the discretion of management.
Dec 29, 2020 10:29 am ET
Prosperity Bancshares, Inc.® Invites You To Join Its Fourth Quarter 2020 Earnings Conference Call
HOUSTON, Dec. 29, 2020 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Fourth Quarter 2020 Earnings Announcement, scheduled before the market opens on Wednesday, January 27, 2021, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.
Oct 28, 2020 06:30 am ET
Prosperity Bancshares, Inc.® Reports Third Quarter 2020 Earnings
HOUSTON, Oct. 28, 2020 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended September 30, 2020 of $130.1 million compared with $81.8 million for the same period in 2019. Net income per diluted common share was $1.40 compared with $1.19 for the same period in 2019. Additionally, deposits increased $306.5 million or 1.2% (4.7% annualized) during the third quarter 2020 and nonperforming assets remain low at 0.24% of third quarter average interest-earning assets with an annualized
Jul 29, 2020 06:30 am ET
Prosperity Bancshares, Inc.® Reports Second Quarter 2020 Earnings
HOUSTON, July 29, 2020 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended June 30, 2020 of $130.9 million compared with $82.3 million for the same period in 2019. Net income per diluted common share was $1.41 compared with $1.18 for the same period in 2019. The second quarter of 2020 includes a tax benefit for net operating losses ("NOLs") of $20.1 million, or $0.22(1) per diluted common share, as a result of the enactment of the Coronavirus Aid, Relief, and Economic Securit
Jul 02, 2020 03:26 pm ET
Prosperity Bancshares, Inc.® Invites You To Join Its Second Quarter 2020 Earnings Conference Call
HOUSTON, July 2, 2020 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Second Quarter 2020 Earnings Announcement, scheduled before the market opens on Wednesday, July 29, 2020, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.
Jun 08, 2020 06:25 pm ET
Prosperity Bancshares, Inc.® To Present At Morgan Stanley Virtual US Financials Conference
HOUSTON, June 8, 2020 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank®, will be presenting at the 2020 Morgan Stanley Virtual US Financials Conference via Webcast on Wednesday, June 10, 2020 at 1:45 p.m. Eastern Time (12:45 p.m. Central Time).
Apr 29, 2020 06:30 am ET
Prosperity Bancshares, Inc.® Reports First Quarter 2020 Earnings
HOUSTON, April 29, 2020 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended March 31, 2020 of $130.848 million compared with $82.402 million for the same period in 2019. Net income per diluted common share was $1.39 compared with $1.18 for the same period in 2019. Additionally, loans increased 1.5% during the first quarter 2020 and nonperforming assets remain low at 0.25% of first quarter average interest-earning assets. On November 1, 2019, LegacyTexas Financial Group, Inc. ("
Apr 03, 2020 11:58 am ET
Prosperity Bancshares, Inc.® Invites You To Join Its First Quarter 2020 Earnings Conference Call
HOUSTON, April 3, 2020 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) First Quarter 2020 Earnings Announcement, scheduled before the market opens on Wednesday, April 29, 2020, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.
Nov 01, 2019 06:30 am ET
Prosperity Bancshares, Inc. ® Completes Merger With LegacyTexas Financial Group, Inc.
HOUSTON, Nov. 1, 2019 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank®, today announced that it has completed its previously announced merger (the "merger") with LegacyTexas Financial Group, Inc. (NASDAQ: LTXB) ("LegacyTexas"), the parent company of LegacyTexas Bank, effective November 1, 2019. As of September 30, 2019, on a consolidated basis, LegacyTexas had total assets of $10.5 billion, total loans of $9.1 billion and total deposits of $6.5 billion. LegacyTexas Bank operated 42 banking centers in and around the Dallas-Fort Worth area.
Oct 28, 2019 06:54 pm ET
FGL Holdings and Talos Energy Set to Join S&P SmallCap 600
NEW YORK, Oct. 28, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the open of trading on Friday, November 1:
Oct 23, 2019 06:30 am ET
Prosperity Bancshares, Inc.® Reports Third Quarter 2019 Earnings
HOUSTON, Oct. 23, 2019 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended September 30, 2019 of $81.758 million compared with $82.523 million for the same period in 2018. Net income per diluted common share increased to $1.19 compared with $1.18 for the same period in 2018. Additionally, loans increased 3.2% (annualized) during the third quarter 2019 and nonperforming assets remain low at 0.26% of third quarter average interest-earning assets.
Oct 08, 2019 08:45 pm ET
Prosperity Bancshares Receives Regulatory Approval For LegacyTexas Financial Group Merger
HOUSTON, Oct. 8, 2019 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), today announced that it has received all regulatory approvals necessary to complete its previously announced merger (the "merger") with LegacyTexas Financial Group, Inc. (NASDAQ: LTXB) ("LegacyTexas"), the parent company of LegacyTexas Bank.
Sep 25, 2019 04:30 pm ET
Prosperity Bancshares, Inc.® Invites You To Join Its Third Quarter 2019 Earnings Conference Call
HOUSTON, Sept. 25, 2019 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Third Quarter 2019 Earnings Announcement, scheduled before the market opens on Wednesday, October 23, 2019, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.
Jul 25, 2019 06:12 pm ET
Prosperity Bancshares, Inc.® To Present At KBW Conference
HOUSTON, July 25, 2019 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank®, will be presenting at the 2019 KBW Community Bank Investor Conference in New York on Tuesday, July 30, 2019 at 2:05 p.m. Eastern Time (1:05 p.m. Central Time).
Jul 24, 2019 06:30 am ET
Prosperity Bancshares, Inc.® Reports Second Quarter 2019 Earnings
HOUSTON, July 24, 2019 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended June 30, 2019 of $82.258 million, an increase of $661 thousand or 0.8% compared with $81.597 million for the same period in 2018. Net income per diluted common share increased to $1.18 compared with $1.17 for the same period in 2018. Additionally, loans increased 6.7% (annualized) during the second quarter 2019 and nonperforming assets remain low at 0.21% of second quarter average interest-earning assets
Jun 17, 2019 10:38 am ET
LEGACYTEXAS FINANCIAL GROUP, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Merger
Rigrodsky & Long, P.A.: Do you own shares of LegacyTexas Financial Group, Inc. (NASDAQ GS: LTXB)?Did you purchase any of your shares prior to June 17, 2019?Do you think the proposed merger is fair?Do you want to discuss your rights? Rigrodsky &...
Jun 17, 2019 10:14 am ET
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of LegacyTexas Financial Group, Inc. to Prosperity Bancshares, Inc. is Fair to Shareholders
The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased LegacyTexas Financial Group, Inc. (“LegacyTexas” or the “Company”) (NASDAQGS: LTXB) stock prior to June 17, 2019. You are hereby...
Apr 24, 2019 06:30 am ET
Prosperity Bancshares, Inc.® Reports First Quarter 2019 Earnings
HOUSTON, April 24, 2019 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended March 31, 2019 of $82.402 million, an increase of $8.041 million or 10.8% compared with $74.361 million for the same period in 2018. Net income per diluted common share increased 10.3% to $1.18 compared with $1.07 for the same period in 2018. Net income and earnings per diluted common share for the three months ended March 31, 2018 were impacted by net charge-offs of $9.441 million. Additionally, loans
Mar 29, 2019 08:05 pm ET
Prosperity Bancshares, Inc.® Invites You To Join Its First Quarter 2019 Earnings Conference Call
HOUSTON, March 29, 2019 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) First Quarter 2019 Earnings Announcement, scheduled after the market opens on Wednesday, April 24, 2019, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.
Feb 12, 2019 05:30 pm ET
Prosperity Bancshares, Inc.® Announces Retirement Of CFO
HOUSTON, Feb. 12, 2019 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced the retirement of David Hollaway, Chief Financial Officer of Prosperity Bancshares and Prosperity Bank (the "Bank"), effective April 1, 2019. Mr. Hollaway served as CFO since joining the Bank in 1992. Following his retirement as CFO, Mr. Hollaway plans to continue to work with the Bank in a reduced capacity for at least two years, assisting with the transition of his duties and other financial and operational matters. Prosperity has initiated a search for a successor.
Jan 30, 2019 05:30 am ET
Prosperity Bancshares, Inc.® Reports Fourth Quarter 2018 Earnings
HOUSTON, Jan. 30, 2019 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended December 31, 2018 of $83.331 million, an increase of $16.193 million or 24.1% compared with $67.138 million for the same period in 2017. Net income per diluted common share increased 22.7% to $1.19 compared with $0.97 for the same period in 2017. Additionally, loans increased 3.5% during 2018 and nonperforming assets remain low at 0.10% of fourth quarter average interest-earning assets.
Jan 02, 2019 07:10 pm ET
Prosperity Bancshares, Inc.® Invites You To Join Its Fourth Quarter 2018 Earnings Conference Call On The Web
HOUSTON, Jan. 2, 2019 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Fourth Quarter 2018 Earnings Announcement, scheduled before the market opens on Wednesday, January 30, 2019, you are invited to listen to its conference call that will be broadcast live over the Internet at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include David Zalman, Chairman and Chief Executive Officer; Tim Timanus, Vice Chairman; Eddie Safady, President; and David Hollaway, CPA, Chief Financial Officer.
Oct 24, 2018 06:30 am ET
Prosperity Bancshares, Inc.® Reports Third Quarter 2018 Earnings
HOUSTON, Oct. 24, 2018 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended September 30, 2018 of $82.523 million, an increase of $14.615 million or 21.5% compared with $67.908 million for the same period in 2017. Net income per diluted common share increased 20.4% to $1.18 compared with $0.98 for the same period in 2017. Additionally, loans increased 5.8% (annualized) during the third quarter of 2018 and nonperforming assets remain low at 0.08% of third quarter average interest
Oct 01, 2018 11:30 pm ET
Prosperity Bancshares, Inc.® Invites You To Join Its Third Quarter 2018 Earnings Conference Call On The Web
HOUSTON, Oct. 1, 2018 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Third Quarter 2018 Earnings Announcement, scheduled before the market opens on Wednesday, October 24, 2018, you are invited to listen to its conference call that will be broadcast live over the Internet at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include David Zalman, Chairman and Chief Executive Officer; Tim Timanus, Vice Chairman; Eddie Safady, President; and David Hollaway, CPA, Chief Financial Officer.
Aug 02, 2018 07:50 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within Moelis, Silicon Laboratories, Vail Resorts, National Health Investors, Novanta, and Prosperity Bancshares — New Research Emphasizes
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Moelis Company (NYSE:MC), Silicon Laboratories, Inc. (NASDAQ:SLAB), Vail...
Jul 25, 2018 06:30 am ET
Prosperity Bancshares, Inc.® Reports Second Quarter 2018 Earnings
HOUSTON, July 25, 2018 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended June 30, 2018 of $81.597 million, an increase of $13.043 million or 19.0% compared with $68.554 million for the same period in 2017. Net income per diluted common share increased 18.2% to $1.17 compared with $0.99 for the same period in 2017. Additionally, loans increased 5.4% (annualized) during the second quarter of 2018 and nonperforming assets remain low at 0.16% of second quarter average interest-ea
Jun 28, 2018 06:30 am ET
Prosperity Bancshares, Inc.® Invites You To Join Its Second Quarter 2018 Earnings Conference Call On The Web
HOUSTON, June 28, 2018 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Second Quarter 2018 Earnings Announcement, scheduled before the market opens on Wednesday, July 25, 2018, you are invited to listen to its conference call that will be broadcast live over the Internet at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include David Zalman, Chairman and Chief Executive Officer; Tim Timanus, Vice Chairman; and David Hollaway, CPA, Chief Financial Officer.
Apr 25, 2018 06:30 am ET
Prosperity Bancshares, Inc.® Reports First Quarter 2018 Earnings
HOUSTON, April 25, 2018 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended March 31, 2018 of $74.361 million or $1.07 per diluted common share. Additionally, nonperforming assets remain low at 0.17% of first quarter average interest-earning assets.
Apr 23, 2018 07:40 am ET
Investor Expectations to Drive Momentum within Banc of California, Alarm, Consolidated Edison, Summit Midstream Partners, LP, Prosperity Bancshares, and Texas Pacific Land Trust — Discovering Underlyi
NEW YORK, April 23, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Banc of California, Inc. (NYSE:BANC), Alarm.com...
Mar 28, 2018 06:30 am ET
Prosperity Bancshares, Inc.® Invites You To Join Its First Quarter 2018 Earnings Conference Call On The Web
HOUSTON, March 28, 2018 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) First Quarter 2018 Earnings Announcement, scheduled before the market opens on Wednesday, April 25, 2018, you are invited to listen to its conference call that will be broadcast live over the Internet at 11:00 AM, Eastern Time (10:00 AM, Central Time) on that day. Participants will include David Zalman, Chairman and Chief Executive Officer; Tim Timanus, Vice Chairman; and David Hollaway, CPA, Chief Financial Officer.
Feb 27, 2018 05:30 am ET
Prosperity Bancshares, Inc.® To Present At RBC Conference
HOUSTON, Feb. 27, 2018 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank®, will be presenting at the 2018 RBC Capital Markets Financial Institutions Conference in New York on Tuesday, March 6, 2018 at 2:40 p.m. Eastern Time (1:40 p.m. Central Time).
Feb 21, 2018 07:45 am ET
Report: Exploring Fundamental Drivers Behind Washington Federal, Prosperity Bancshares, BancorpSouth, PPG Industries, Alaska Air Group, and 3D — New Horizons, Emerging Trends, and Upcoming Development
NEW YORK, Feb. 21, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Washington Federal, Inc. (NASDAQ:WAFD), Prosperity Bancshares,...
Jan 24, 2018 05:30 am ET
Prosperity Bancshares, Inc.® Reports Fourth Quarter 2017 Earnings
HOUSTON, Jan. 24, 2018 /PRNewswire/ --Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended December 31, 2017 of $67.138 million or $0.97 per diluted common share. Additionally, nonperforming assets remain low at 0.19% of fourth quarter average interest-earning assets. As a result of the Tax Cuts and Jobs Act passed in December 2017, the Company was required to recalculate its deferred tax assets and deferred tax liabilities to account for the future impact of lower corporate tax rates and lost
Jan 19, 2018 05:30 am ET
Prosperity Bancshares, Inc.® Announces Stock Repurchase Program
HOUSTON, Jan. 19, 2018 /PRNewswire/ -- Prosperity Bancshares, Inc.® (the "Company") (NYSE: PB), the parent company of Prosperity Bank®, today announced that its Board of Directors authorized a stock repurchase program under which the Company may repurchase up to 5%, or approximately 3.47 million shares, of its outstanding common stock over a two-year period expiring on January 16, 2020, at the discretion of management.
Dec 27, 2017 05:30 am ET
Prosperity Bancshares, Inc.® Invites You To Join Its Fourth Quarter 2017 Earnings Conference Call On The Web
HOUSTON, Dec. 27, 2017 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Fourth Quarter 2017 Earnings Announcement, scheduled before the market opens on Wednesday, January 24, 2018, you are invited to listen to its conference call that will be broadcast live over the Internet at 11:00 AM, Eastern Time (10:00 AM, Central Time) on that day. Participants will include David Zalman, Chairman and Chief Executive Officer; Tim Timanus, Vice Chairman; and David Hollaway, CPA, Chief Financial Officer.
Dec 05, 2017 06:00 am ET
Detailed Research: Economic Perspectives on PPG Industries, Alaska Air Group, 3D, Washington Federal, Prosperity Bancshares, and BancorpSouth — What Drives Growth in Today's Competitive Landscape
NEW YORK, Dec. 05, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of PPG Industries, Inc. (NYSE:PPG), Alaska Air...
Oct 26, 2017 06:45 pm ET
Prosperity Bancshares, Inc.® Releases Results Of 2017 Dodd-Frank Act Stress Test
HOUSTON, Oct. 26, 2017 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) ("Prosperity"), the parent company of Prosperity Bank® (the "Bank"), announced today that it has released the results of its company-run 2017 capital stress test under the severely adverse economic scenario for Prosperity and the Bank as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act. Results indicate that, even in the severely adverse economic scenario established by the Board of Governors of the Federal Reserve System, Prosperity's and the Bank's regulatory capital ratios continue
Oct 25, 2017 07:30 am ET
Prosperity Bancshares, Inc.® Reports Third Quarter 2017 Earnings
HOUSTON, Oct. 25, 2017 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended September 30, 2017 of $67.908 million or $0.98 per diluted common share. Additionally, nonperforming assets remain low at 0.24% of third quarter average interest-earning assets.
Oct 03, 2017 05:30 pm ET
Prosperity Bancshares, Inc.® Invites You To Join Its Third Quarter 2017 Earnings Conference Call On The Web
HOUSTON, Oct. 3, 2017 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Third Quarter 2017 Earnings Announcement, scheduled before the market opens on Wednesday, October 25, 2017, you are invited to listen to its conference call that will be broadcast live over the Internet at 10:30 AM, Eastern Time (9:30 AM, Central Time) on that day. Participants will include David Zalman, Chairman and Chief Executive Officer; Tim Timanus, Vice Chairman; and David Hollaway, CPA, Chief Financial Officer.
Sep 07, 2017 06:08 pm ET
Prosperity Bancshares, Inc.® To Present At Barclays Conference
HOUSTON, Sept. 7, 2017 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank®, will be presenting at the Barclays Global Financial Services Conference in New York on Tuesday, September 12, 2017 at 2:45 p.m. Eastern Time (1:45 p.m. Central Time).
Sep 01, 2017 06:24 pm ET
Prosperity Bancshares, Inc.® Hurricane Harvey Relief Efforts
HOUSTON, Sept. 1, 2017 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), today announced its recovery and relief efforts related to Hurricane Harvey.
Jul 27, 2017 11:00 pm ET
Prosperity Bancshares, Inc.® To Present At Keefe, Bruyette & Woods Bank Conference
HOUSTON, July 27, 2017 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank®, will be presenting at the Keefe, Bruyette & Woods 2017 Community Bank Investor Conference in New York on Tuesday, August 1, 2017 at 11:30 a.m. Eastern Time (10:30 a.m. Central Time).
Jul 26, 2017 07:30 am ET
Prosperity Bancshares, Inc.® Reports Second Quarter 2017 Earnings
HOUSTON, July 26, 2017 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended June 30, 2017 of $68.554 million or $0.99 per diluted common share. Additionally, nonperforming assets remain low at 0.24% of second quarter average interest-earning assets.
Jul 10, 2017 09:21 pm ET
Prosperity Bancshares, Inc.® Invites You To Join Its Second Quarter 2017 Earnings Conference Call On The Web
HOUSTON, July 10, 2017 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Second Quarter 2017 Earnings Announcement, scheduled after the market opens on Wednesday, July 26, 2017, you are invited to listen to its conference call that will be broadcast live over the Internet at 10:30 AM, Eastern Time (9:30 AM, Central Time) on that day. Participants will include David Zalman, Chairman and Chief Executive Officer; Tim Timanus, Vice Chairman; and David Hollaway, CPA, Chief Financial Officer.
Apr 26, 2017 07:30 am ET
Prosperity Bancshares, Inc.® Reports First Quarter 2017 Earnings
HOUSTON, April 26, 2017 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended March 31, 2017 of $68.565 million or $0.99 per diluted common share. Additionally, nonperforming assets remain low at 0.21% of first quarter average earning assets.
Apr 03, 2017 07:30 pm ET
Prosperity Bancshares, Inc.® Invites You To Join Its First Quarter 2017 Earnings Conference Call On The Web
HOUSTON, April 3, 2017 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) First Quarter 2017 Earnings Announcement, scheduled before the market opens on Wednesday, April 26, 2017, you are invited to listen to its conference call that will be broadcast live over the Internet at 10:30 AM, Eastern Time (9:30 AM, Central Time) on that day. Participants will include David Zalman, Chairman and Chief Executive Officer; Tim Timanus, Vice Chairman; and David Hollaway, CPA, Chief Financial Officer.
Jan 25, 2017 06:30 am ET
Prosperity Bancshares, Inc.® Reports Fourth Quarter 2016 Earnings
HOUSTON, Jan. 25, 2017 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended December 31, 2016 of $68.793 million or $0.99 per diluted common share. Additionally, nonperforming assets remain low at 0.25% of fourth quarter average earning assets.
Dec 29, 2016 04:30 pm ET
Prosperity Bancshares, Inc.® Invites You To Join Its Fourth Quarter 2016 Earnings Conference Call On The Web
HOUSTON, Dec. 29, 2016 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Fourth Quarter 2016 Earnings Announcement, scheduled before the market opens on Wednesday, January 25, 2017, you are invited to listen to its conference call that will be broadcast live over the Internet at 10:30 AM, Eastern Time (9:30 AM, Central Time) on that day. Participants will include David Zalman, Chairman and Chief Executive Officer; Tim Timanus, Vice Chairman; and David Hollaway, CPA, Chief Financial Officer.
Dec 21, 2016 04:20 pm ET
Prosperity Bancshares, Inc.® Announces Filing Of Universal Shelf Registration Statement
HOUSTON, Dec. 21, 2016 /PRNewswire/ -- Prosperity Bancshares, Inc.® ("Prosperity") (NYSE: PB), the parent company of Prosperity Bank®, today announced that it has filed with the Securities and Exchange Commission ("SEC") an automatic shelf registration statement on Form S-3ASR, which became effective upon filing with the SEC. The shelf registration statement permits Prosperity to offer, from time to time over the next three years, in one or more offerings, an indeterminate dollar amount of a variety of its securities, which may consist of common stock, preferred stock, debt securities, depo
Oct 27, 2016 05:05 pm ET
Prosperity Bancshares, Inc.® Releases Results Of 2016 Dodd-Frank Act Stress Test
HOUSTON, Oct. 27, 2016 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) ("Prosperity"), the parent company of Prosperity Bank® (the "Bank"), announced today that it has released the results of its company-run 2016 capital stress test under the severely adverse economic scenario for Prosperity and the Bank as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act. Results indicate that, even in the severely adverse economic scenario established by the Board of Governors of the Federal Reserve System, Prosperity's and the Bank's regulatory capital ratios continue to
Oct 26, 2016 07:30 am ET
Prosperity Bancshares, Inc.® Reports Third Quarter 2016 Earnings
HOUSTON, Oct. 26, 2016 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended September 30, 2016 of $68.651 million or $0.99 per diluted common share. Additionally, nonperforming assets remain low at 0.32% of third quarter average earning assets.
Sep 28, 2016 07:30 am ET
Prosperity Bancshares, Inc.® Invites You To Join Its Third Quarter 2016 Earnings Conference Call On The Web
HOUSTON, Sept. 28, 2016 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.'s® (NYSE: PB) Third Quarter 2016 Earnings Announcement, scheduled before the market opens on Wednesday, October 26, 2016, you are invited to listen to its conference call that will be broadcast live over the Internet at 10:30 AM, Eastern Time (9:30 AM, Central Time) on that day. Participants will include David Zalman, Chairman and Chief Executive Officer; Tim Timanus, Vice Chairman; and David Hollaway, CPA, Chief Financial Officer.
Jul 29, 2016 10:37 am ET
Prosperity Bancshares, Inc.® To Present At Keefe, Bruyette & Woods Bank Conference
HOUSTON, July 29, 2016 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank®, will be presenting at the Keefe, Bruyette & Woods 2016 Community Bank Investor Conference in New York on Tuesday, August 2, 2016 at 9:30 a.m. Eastern Time (8:30 a.m. Central Time).
Jul 27, 2016 07:30 am ET
Prosperity Bancshares, Inc.® Reports Second Quarter 2016 Earnings
HOUSTON, July 27, 2016 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended June 30, 2016 of $68.071 million or $0.98 per diluted common share. Additionally, nonperforming assets remain low at 0.27% of second quarter average earning assets.
Jul 06, 2016 06:30 pm ET
Prosperity Bancshares, Inc.® Invites You To Join Its Second Quarter 2016 Earnings Conference Call On The Web
HOUSTON, July 6, 2016 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.'s® (NYSE: PB) Second Quarter 2016 Earnings Announcement, scheduled before the market opens on Wednesday, July 27, 2016, you are invited to listen to its conference call that will be broadcast live over the Internet at 10:30 AM, Eastern Time (9:30 AM, Central Time) on that day. Participants will include David Zalman, Chairman and Chief Executive Officer; Tim Timanus, Vice Chairman; and David Hollaway, CPA, Chief Financial Officer.
Apr 27, 2016 07:30 am ET
Prosperity Bancshares, Inc.® Reports First Quarter 2016 Earnings
HOUSTON, April 27, 2016 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended March 31, 2016 of $68.951 million or $0.98 per diluted common share. Additionally, nonperforming assets remain low at 0.29% of first quarter average earning assets.
Mar 31, 2016 05:30 pm ET
Prosperity Bancshares, Inc.® Invites You To Join Its First Quarter 2016 Earnings Conference Call On The Web
HOUSTON, March 31, 2016 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.'s® (NYSE: PB) First Quarter 2016 Earnings Announcement, scheduled for before the market opens on Wednesday, April 27, 2016, you are invited to listen to its conference call that will be broadcast live over the Internet at 10:30 AM, Eastern Time (9:30 AM, Central Time) on that day. Participants will include David Zalman, Chairman and Chief Executive Officer; Tim Timanus, Vice Chairman; and David Hollaway, CPA, Chief Financial Officer.
Jan 27, 2016 06:10 am ET
Prosperity Bancshares, Inc.® Announces Stock Repurchase Program
HOUSTON, Jan. 27, 2016 /PRNewswire/ -- Prosperity Bancshares, Inc.® ("Prosperity") (NYSE: PB), the parent company of Prosperity Bank®, today announced that its Board of Directors authorized a stock repurchase program under which up to 5% or approximately 3.54 million shares of its outstanding common stock may be acquired over the next twelve months at the discretion of management.
Jan 27, 2016 06:05 am ET
Prosperity Bancshares, Inc.® Reports Fourth Quarter 2015 Earnings
HOUSTON, Jan. 27, 2016 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended December 31, 2015 of $70.475 million or $1.01 per diluted common share. Additionally, nonperforming assets remain low at 0.23% of fourth quarter average earning assets with an annualized return on fourth quarter average assets of 1.30%.
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